While the sequester gobbles up all of the headlines, consumers continue to come to terms with the impact the newly enacted payroll tax is having on their disposable income, including their purchases of food prepared outside of the home. As a result, expect consumers to cut back and return to their value-conscious ways.

The National Restaurant Association and the National Restaurant Association Educational Foundation announced elected new officers to its Board of Directors and Board of Trustees, respectively, effective January 1, 2013. In addition, the Association and the Educational Foundation have named several industry leaders to join their respective boards.

Xanterra Parks & Resorts completed a series of acquisitions, including VBT Bicycling and Walking Vacations, The Grand Hotel in Tusayan, Ariz., and three all-suite luxury cruise ships purchased from Seabourn Ships that will become part of Windstar Cruises.

The North American Association of Food Equipment Manufacturers announced the results from its annual board of directors elections, including three incumbents earning an additional three year-term. In addition, Teri Brewer, THERMO-KOOL/Mid-South Industries, Inc., was newly elected to the NAFEM board.